Gold gains Rs 294 to top Rs 53,000 mark; silver climbs Rs 366

"Comex gold prices are hovering near three-month highs. Rising US interest rates weighed heavily on metal markets this year, as higher yields on treasuries ramped up the opportunity cost of holding non-yielding assets," said Vinay Rajani, Research Analyst at HDFC Securities

from Commodities-Markets-Economic Times
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